If Trade Between Two Countries Is Voluntary, One Can Expect

question 66

Multiple Choice

If trade between two countries is voluntary, one can expect that

• A)one country's gain is necessarily the other's loss.
• B)one country will exploit the other one.
• C)neither country really gains from trade.
• D)the larger country will always gain at the expense of the smaller.
• E)both countries expect to gain something.

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Definitions:

Capacity Reserved

The portion of production capability or service capacity deliberately kept back or saved for a specific purpose or customer.

Spoilage

The deterioration or loss of goods, especially in perishable inventory, due to factors like time, temperature, or mishandling.

Young Couples

Pairs of individuals in a romantic relationship who are typically in the early stage of their partnership, often focusing on life planning and setting foundations for their future.

Corporate Clients

Businesses or organizations that receive services or goods from another business, often under a contract or agreement.